August 17, 2020
Company name:
Representative:

ES-CON JAPAN Ltd.
Takatoshi Ito, President &Representative Director(TSE 1st Section, code: 8892)

Notice on Kakegawa City Minami 1-Chome Joint Project (tentative name) with Chuden Real
Estate Co., Inc.
ES-CON JAPAN Ltd. (ES-CON JAPAN) announces that it will conduct a fifth joint project for condominium
development with Chuden Real Estate Co., Inc. (based in Nagoya City, Aichi Prefecture; President andRepresentative Director Yutaka Watanabe; hereinafter referred to as Chuden Real Estate),as Kakegawa
City Minami 1-Chome Joint Project (tentative name) , in the site of which ES-CON JAPAN acquired inJanuary 2016 and operated as a parking lot in Minami 1-chome, Kakegawa City, Shizuoka Prefecture.
Details are as follows.
The project site is located in Kakegawa City, which is between Shizuoka City and Hamamatsu City inShizuoka Prefecture, and is two-minute walk from Kakegawa Station on three lines, including JR Tokaido
Main Line, Tokaido Shinkansen, and Tenryu Hamanako Railway Tenhama Line, offering convenient
access to Nagoya, Tokyo, and other areas. Various facilities such as commerce, medical care, education,and public facilities are located within walking distance in the surrounding area, providing a highly
convenient living environment.
ES-CON JAPAN concluded a business partnership agreement with Chubu Electric Power Co., Inc.
(Chubu Electric) in August 2018 and established a Nagoya branch in March 2019 by positioning theChubu region as a core business area comparable to the Tokyo metropolitan area and the Kansai region.
In December of 2019, ES-CON JAPAN announced Nagoya City Higashi Ward Shirakabe 4-Chome Joint
Project (tentative name) as its first project with Chuden Real Estate, a wholly owned subsidiary of Chubu
Electric and subsequently launched two projects in the Chubu area and one in Kansai, for a total of four
joint projects. This project will be its fifth joint project with Chuden Real Estate and first condominium
development project in Shizuoka Prefecture for our company.
Utilizing the know-how of both companies, ES-CON JAPAN will continue to promote this project as wellas promote businesses that satisfy local communities.
The details of the development project will be announced as soon as they have been finalized.
[Overview of the Project Site]
Kakegawa City Minami 1-Chome Project (tentative name)Location
17,18,19, Minami 1-chome, Kakegawa-shi, Shizuoka
2-minute walk from Kakegawa Station on the JR Tokaido Main Line,Access
Tokaido Shinkansen, and Tenryu Hamanako Line Tenhama Line
Site area
1,582.43 m2[Reference (attached)] Press release “Notice on Commencement of Kakegawa City Minami 1-Chome
Joint Project(tentative name) by Chuden Real Estate Co., Inc. and ES-CON JAPAN Ltd.”<Inquiries Concerning this Press Release> Administration Group PR/IR Manager

Tel: +81-3-6230-9308

[Reference (attached)]

Notice on Commencement of Kakegawa City Minami 1-Chome Joint
Project(tentative name) by Chuden Real Estate Co., Inc. and ES-CON
JAPAN Ltd.
August 17, 2020
Chuden Real Estate Co., Inc.
ES-CON JAPAN Ltd.

Chuden Real Estate Co., Inc. (Chuden Real Estate) and ES-CON JAPAN Ltd. (ES-CON JAPAN)
announce that a joint project for condominium development will be conducted on a project site owned by
ES-CON JAPAN.
The project site is located in Kakegawa City, which is between Shizuoka City and Hamamatsu City inShizuoka Prefecture, and is two-minute walk from Kakegawa Station on three lines, including JR Tokaido
Main Line, Tokaido Shinkansen, and Tenryu Hamanako Railway Tenhama Line, offering convenient
access to Nagoya, Tokyo, and other areas. Various facilities such as commerce, medical care, education,and public facilities are located within walking distance in the surrounding area, providing a highly
convenient living environment.
The two parties will promote the condominium sales business by utilizing the locational characteristics ofShirakabe 4-chome, which has both dignity and grace as well as everyday convenience with retail,educational and other facilities situated within walking distance, to the fullest.
This is the fifth project jointly undertaken by Chubu Real Estate and ES-CON JAPAN, and the first
condominium development business in Shizuoka Prefecture. Utilizing the know-how of both companies,
we will continue to promote this project as well as promote businesses that satisfy local communities.
The details of the development project will be announced as soon as they have been finalized.
[Overview of the Project Site]
Nagoya City Higashi Ward Shirakabe 4-Chome Project (tentative name)Location
17,18,19, Minami 1-chome, Kakegawa-shi, Shizuoka
2-minute walk from Kakegawa Station on the JR Tokaido Main Line,AccessTokaido Shinkansen, and Tenryu Hamanako Line Tenhama Line
Site area
1,582.43 m2-2-[Overview of Companies]
Trade name
Address

Chuden Real Estate Co., Inc.
2-5 Sakae 2-chome, Naka-ku, Nagoya, Aichi

Representative

President & Representative Director Yutaka WatanabeLines of business

Real estate business, construction business, operation of facilities,
environmental greening

Establishment

April 20, 1957

Capital

100 million yen

Shareholder

Chubu Electric Power Co., Inc. (100%)

Trade name

ES-CON JAPAN Ltd.

Address

10-4 Toranomon 2-chome, Minato-ku, Tokyo

Representative

President & Representative Director Takatoshi Ito

Lines of business

Real estate sale business, real estate leasing business, real estateplanning, brokerage and consultation business

Establishment
CapitalShareholder

April 18, 1995
6,272 million yen (as of the end of September 2019)
Chubu Electric Power Co., Inc. (33.2%)*This press release was distributed to Electricity Study Group (Nagoya) and Energy Press Club (Tokyo)*Website of Chuden Real Estate: https://www.chudenfudosan.co.jp/ (Japanese)
Inquiries to Chuden Real Estate: +81-52-204-1470 (Development Group No.2, Development Department)* Website of ES-CON JAPAN: https://www.es-conjapan.co.jp/english/
Inquiries to ES-CON JAPAN: +81-3-6230-9308 (Administration Group PR/IR Manager, Administration Department)-3-